Mather Group LLC. Sells 573,483 Shares of Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT)

Mather Group LLC. reduced its holdings in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) by 58.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 405,058 shares of the company’s stock after selling 573,483 shares during the quarter. Mather Group LLC.’s holdings in Vanguard Long-Term Treasury Index ETF were worth $22,420,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in VGLT. Archer Investment Management LLC bought a new stake in Vanguard Long-Term Treasury Index ETF in the fourth quarter valued at $389,000. Cabana LLC purchased a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter worth about $203,000. Holistic Planning LLC bought a new stake in shares of Vanguard Long-Term Treasury Index ETF during the 4th quarter valued at about $741,000. Red Tortoise LLC increased its position in shares of Vanguard Long-Term Treasury Index ETF by 6.6% during the fourth quarter. Red Tortoise LLC now owns 175,523 shares of the company’s stock valued at $9,715,000 after buying an additional 10,926 shares during the period. Finally, Journey Strategic Wealth LLC bought a new position in Vanguard Long-Term Treasury Index ETF in the fourth quarter worth about $1,428,000.

Vanguard Long-Term Treasury Index ETF Stock Performance

Shares of VGLT opened at $55.77 on Tuesday. The company has a 50-day simple moving average of $56.29 and a two-hundred day simple moving average of $58.59. Vanguard Long-Term Treasury Index ETF has a one year low of $53.79 and a one year high of $63.41.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be paid a $0.2067 dividend. The ex-dividend date is Monday, February 3rd.

About Vanguard Long-Term Treasury Index ETF

Vanguard Long Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.